WorKid wrote:Who said they were joining the Euro?
WorKid wrote:He talks a lot of shit.
Yossarian wrote:I thought Osborne said that they couldn't retain sterling?
Osborne.Yossarian wrote:Who, Salmond?
Yossarian wrote:How would that work? Could we just start using the US dollar if we wanted? Surely not.
WorKid wrote:Who said they were joining the Euro?
adkm1979 wrote:Only if you're an ignoramus. Oh, look...
Did it occur to you that it's our currency too?Yossarian wrote:our currency.
The Govt doesn't really control Sterling. So Scotland could have a seat on the Bank of England and retain some say. In reality, stuff like quantitative easing is calibrated to take account of things like Govt spending. So if the Scottish govt were spending like there's no tomorrow but Westminster isn't, then the effects of QE will devalue the Scottish spend more, making their policies less effective.Hulka T wrote:If Scotland want 'Independence', how could they feasibly stay with Sterling and have British govenmental control over their currency? It would be a contradiction in terms and the weakest attempt at independence since Geri Halliwell went solo.
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